FedericoSellitti

USDJPY breakout of rising wedge!

OANDA:USDJPY   美元 / 日圓
For the past 2 weeks, many traders have tried to join the uptrend on USDJPY.
Is it still a good idea? Maybe not anymore. The chart analysis on the M15, shows that we just had a breakout of a rising wedge that seemed to be very strong.
Not going to trade with any short position, but I will not even plan long positions for this week.

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